* This article has been amended for accuracy.
KUALA LUMPUR (Aug 5): Heineken Malaysia Bhd (KL:HEIM) said its current production capacity is sufficient to meet export demand from Singapore, with no plans to expand its existing brewery.
Managing director Martijn van Keulen told The Edge at the sidelines of Heineken Malaysia’s media briefing that the company has enough capacity to meet the additional demand, but did not disclose financial figures on volume growth percentage, utilisation rates or top line and bottom line projections.
This follows the announcement in March by Heineken NV — the parent company of the Singapore entity — that manufacturing operations in Singapore will be phased out as the production is shifting to Malaysia and Vietnam, with the full transition to be completed by the third quarter of 2027.
Heineken Malaysia said its Singapore exports, which started in August, are still in the early transition stage, with full export volumes and supply arrangements expected to be in place by end-2027.
The company is also planning production line upgrades to improve efficiency and support future demand.
Heineken Malaysia reported a weaker net profit for the three months ended June 30, 2026 (2QFY2026) performance, with net profit falling 39.1% to RM50.5 million and revenue declining 19.4% to RM434.8 million due to challenging market conditions. The company said it could not provide earnings guidance for the rest of the year, as performance remains dependent on consumer sentiment and external factors.
The Singapore export opportunity is expected to increase Heineken Malaysia’s export contribution, which currently makes up less than 1% of total sales, while strengthening its role in the regional supply chain.
Heineken Malaysia is one of the Dutch firm’s listed subsidiaries around the world. The group’s sole brewery in the country — located in Sungei Way, Petaling Jaya, Selangor, produces a wide range of beer and cider brands supported by 13 sales offices nationwide. The company is best known for Heineken, Tiger Beer, Guinness, Anchor, Edelweiss and Apple Fox Cider.
Shares of Heineken Malaysia fell eight sen or 0.42% to RM19.10 ahead of the results announcement on Wednesday, giving it a market capitalisation of RM5.77 billion. Year to date, the stock is down 16.15%.